Why and when do people make mobile payments? (Infographic)

Following the recent launches of both Samsung and Android Pay in the US, mobile payments are quickly gaining traction. But to ensure a new payment method remains popular with consumers, it is important to understand why and where they would use it.

For example, nearly half of US consumers who use mobile payments say they use it for quick-checkout, clearly showing that speed is a very important factor in a payment method.

Applications are the most popular purchases on mobile devices with 22 per cent downloading them.

This handy infographic from Application Developers Alliance breaks down the rest of the data about mobile payments.

Infographic-+Consumer+Adoption+of+Mobile+Payments

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